Cambodia’s Economy & Finance policy area covers fiscal management, taxation, public budgeting, banking and financial sector oversight, customs, public debt, investment administration, and broader economic governance affecting businesses and institutions. Updates typically include policy developments, regulatory changes, government actions, enforcement trends, compliance expectations, institutional activity by ministries and financial regulators, and measures affecting market supervision, state revenue, and financial stability. This page provides structured updates on official developments in Cambodia, with ongoing monitoring of policy, regulation, enforcement, compliance, and governance issues relevant to the country’s economic and financial framework.
The Ministry of Environment reported on the seasonal harvest of a wild mushroom species in the Sre Ambel community protected forest, supported by the Cambodia Sustainable Landscape and Ecotourism Project (CSLEP). Local residents collect the mushrooms both for household consumption and as a natural food offering for ecotourism visitors, generating supplementary income.
Senior officials of the Ministry of Agriculture, Forestry and Fisheries facilitated the signing of a memorandum of understanding with a private agricultural company on artificial cattle breeding. The agreement links three public higher education institutions and a private farm to strengthen technical cooperation, human resources, and livestock productivity in support of Cambodia’s agricultural sector.
The National Bank of Cambodia signed a Memorandum of Understanding with NPCI International Payments Limited to cooperate on cross-border payment and remittance between Cambodia and India. The agreement aims to develop digital connectivity and interoperability to support safe, convenient, and affordable official payment and remittance channels for citizens of both countries.
The National Bank of Cambodia participated in the 2023 IMF–World Bank Spring Meetings in Washington, D.C., where it signed a memorandum of understanding on financial sector cooperation with the National Bank of Rwanda. The mission also held discussions with a delegation from the Banque de France and shared experience on Cambodia’s payment system, including the Bakong platform.
The ACSEP project organized a dissemination and capacity-building workshop in Preah Vihear province on procedures to obtain credit under Component 1 of the Agricultural Value Chain Competitiveness and Safety Enhancement Project. The event briefed agricultural enterprises and communities on project loan offerings, application procedures, and eligibility conditions coordinated with the Asian Development Bank.
The Ministry of Commerce announced that it will co-organize with the OECD the launch of the 2023 Economic Outlook for Southeast Asia, China and India, focused on post-pandemic tourism recovery. The launch event and a subsequent press conference will be held online on 31 March 2023, with public and media invited to register via Zoom.
The Trust Regulator’s Director General and senior officials attended the national launching ceremony of the Public Financial Management Reform Program Stage 4 (2023–2027) on performance accountability. The event was presided over by the Prime Minister and held at Sokha Phnom Penh Hotel.
The Director General of the Trust Regulator attended a working group meeting on the drafting of the Cambodia FinTech Development Policy, chaired by the Secretary of State of the Ministry of Economy and Finance. The meeting reviewed progress toward the first draft and heard findings from an Asian Development Bank expert’s assessment of Cambodia’s fintech sector via Zoom.
The Ministry of Tourism is continuing inspections and quality recognition for Cambodian tourist boat services based on 34 assessment criteria and 19 mandatory conditions. The ministry is accepting ongoing applications from tourist boat businesses, conducting safety and quality checks before issuing service quality certificates, and has listed several certified operators in Kampot province.
The National Bank of Cambodia reported that the balance of payments remained broadly stable in the third quarter of 2022, recording only a minor overall deficit. The current and capital account deficit widened mainly due to a larger trade deficit, while the services account deficit improved on higher tourist arrivals and workers’ remittances, with international reserves covering about 6.5 months of imports.
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